May 16, 2022 04:01 PM
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Twenty First Century Management Services (TCMS) was incorporated in Mar.`86. It is promoted by chairman Sundar Iyer, J Chandra Mouli and E Y Rangoonwala. TCMS`s group companies include Sunder Iyer, Twenty First Century Money Growth Fund, Goa Agro Oils, Mauli & Company. The company came out with a public issue at a premium of Rs 50, aggregating Rs 15.85 cr, in Feb.`95, to increase investment banking operations and to improve infrastructural facilities, at a total cost of Rs 72.65 cr. TCMS`s area of business includes capital market, equity research, merchant banking, corporate finance, etc. Its clients are Alpic Finance, RPG Telecom, Kakatiya Textiles, etc. The company`s subsidiary is Twenty First Century Shares and Securities. TCMS entered into an MoU on 18 Nov.`94 with Chemech Laboratories (CLL), Madras, to acquire 2 lac shares of the company. The name of the new company will be Aakash Twenty First Century Securities Pvt Ltd, with R A Ravichandran as the managing director. The company plans to set up an asset management company with foreign collaboration.
|AGM Date (Month)||:||Jul|
|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:||Jul|